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Originally published by The Kenyan Wall Streetbusiness
October 13, 2025
3h ago
EABL to Redeem KSh 11 Billion Note a Year Early, Ending Record 2021 Issue

EABL will redeem its KSh 11Bn 12.25% bond on 29 October 2025, ending Kenya’s most oversubscribed corporate note one year ahead of maturity...
✨ Key Highlights
East African Breweries PLC (EABL) will redeem its KSh 11 billion Medium-Term Note a year ahead of its scheduled maturity, concluding one of Kenya's most successful corporate debt programmes. The bond, which was oversubscribed by 345%, will be bought back on October 29, 2025.
- The KSh 11 billion note, issued at a 12.25% fixed rate, was the highest ever subscribed Kenyan corporate bond, drawing KSh 37.96 billion in bids.
- EABL invoked its early redemption option for the note, which was arranged by Absa Bank Kenya PLC and Absa Securities Limited.
- The bond will be delisted from the Nairobi Securities Exchange’s fixed-income segment, with payments to noteholders registered by October 14, 2025.
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